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london stock exchange (lse)

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Financial Dictionary

London Stock Exchange (LSE)

The United Kingdom's largest equity exchange, founded in 1760 by 150 brokers who were kicked out of the Royal Exchange for rowdiness. The LSE provides a market for stocks, bonds, and depositary receipts of U.K. and foreign companies. The London Stock Exchange launched an electronic trading platform, SETS (Stock Exchange Electronic Trading), in 1997 and became a publicly traded corporation in 2000.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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